Point in time view as at 05/10/2005.
National Health Service (Scotland) Act 1978, Cross Heading: Investment is up to date with all changes known to be in force on or before 08 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
[F17S An NHS trust shall have power to invest money held by it in any investments, including investments which do not produce income, specified in directions made by the Secretary of State with the consent of the Treasury; but nothing in this paragraph applies in relation to money held on trust under section 12G.]
Textual Amendments
F1Sch. 7B para. 7 substituted (1.10.1999) by 1999 c. 8, s. 65(1), Sch. 4 para. 63(3); S.S.I. 1999/90, art. 2(a)(b), Sch. 1
[F28SAny direction with respect to—
(a)the power conferred on an NHS trust by paragraph 1; or
(b)the maximum amount which an NHS trust may invest in any investment or class of investment,
may be given only with the consent of the Treasury.]
Textual Amendments
F2Sch. 7B para. 8 inserted (1.10.1999) by 1999 c. 8, s. 65(1), Sch. 4 para. 63(4); S.S.I. 1999/90, art. 2(a)(b), Sch. 1
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